Sumit Sonthalia

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Interim relief rejected - plea to deposit only 50% of Rs 12.45 crore estimated profit denied
Prima facie observations non-binding; SEBI to pass final adjudicatory orders uninfluenced

SAT-appeal

SAT matter SATV-0D1A7337B19A65152CCE7736
Appeal disposed of as infructuous because proceedings before the WTM were in progress · Miscellaneous application(s), if any, disposed of
Appeal: Appeal No. 7 of 2025 disposed of as infructuous on 2 April 2025; Misc. Application No. 37 of 2025 also disposed of
Front-running of impending trades of overseas FPI funds collectively called Big Client using prior non-public information to make wrongful gains.
Interim relief rejected - plea to deposit only 50% of Rs 12.45 crore estimated profit denied · Prima facie observations non-binding; SEBI to pass final adjudicatory orders uninfluenced
Appeal: Appeal No.7 of 2025 with Misc. Application No.37 of 2025, reserved 17.01.2025, decided 29.01.2025 - interim prayer rejected

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Source: SecMarx — Sumit Sonthalia. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.